MIT Sloan School of Management

Revitalizing Existing Products with AI-Driven Innovation

MIT Sloan School of Management

Marketing

About Programme

Why attend Revitalizing Existing Products with AI-Driven Innovation?

In mature, competitive markets, sustaining growth often depends on your ability to keep your existing products relevant, compelling, and useful to your customers. This program equips you with cutting-edge AI tools and proven strategies to turn mature products into market leaders, increasing customer value and driving revenue growth.

There is a great deal of attention focused on disruptive innovation —how mature products in competitive markets often face competitors who disrupt the market and kill the product. But often this disruptive threat is overrated; the best path to profitable growth is to maintain the focus on your core products and expand the products and services you provide to help your customers get more value from them.

AI-driven innovation tools, when used within a well-defined process and framework, can dramatically improve every step in the process. This course will show you how to disrupt your innovation process, not your products. Through lectures, case studies, simulations, and AI-driven exercises, you will acquire the techniques for mastering this approach to innovation. You will gain hands-on experience with AI tools that can help you identify customers, develop prototypes, and test ideas better, faster, and more economically than ever before. You will leave this course with the experience and the code to customize and deploy a GPT-powered tool within your own organization.

Please note: This course was formerly known as Innovating in Existing Markets.

Course Topics

Programme Audience

This program has been developed for:
Executives seeking to improve their creative problem-solving skills and deliver value-creating innovation in their organizations
CEOs
Presidents
COOs
Executive VPs
VPs of marketing and business development
Heads of R&D, engineering, manufacturing, and IT
Chief technologists
Corporate planners and strategists
Other senior managers with leadership responsibility
"This 2-day innovation bootcamp provides real tangible methods, examples, and frameworks to help anyone innovate in a mature market. The quality of the content, guest speakers, and professors are second to none. Highly recommend this to anyone looking to reimagine innovation."
Chris S.
2024 Participant
"David Robertson, delivered key frameworks with practical examples of what organizations can do to transform their offerings and themselves in this dynamic environment, leading to restarted growth in the midst of stagnation and opening up new opportunities in existing markets. The course was very relevant and I left with useful nuggets to apply!"
Harrison M.
2024 Participant

Programme Benefits

AI-Driven
Provides a set of AI-driven techniques for identifying customers, generating ideas, developing prototypes, and testing new innovations quickly and economically
Innovation
Explores how changes in roles, processes, structure, and metrics can better enable successful innovation
Best Practices
Presents a proven process that will guide the selection and use of AI tools, both now and in the future.
Certificate
Earn a certificate of course completion from the MIT Sloan School of Management

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Prashansa Uttam

Programme Advisor

+91 9403890085[email protected]Mon – Fri, 9am – 5pm IST

MIT Sloan School of Management

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https://mitsloan.mit.edu
Cambridge, USA

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Revitalizing Existing Products with AI-Driven Innovation | MIT Sloan